Offerpad's agent partnership program gives agents another tool when making listing presentations, and pays a 3% referral fee when their client accepts an offer from the iBuyer
Sellers located outside of Offerpad markets who contact the iBuyer for services will be connected with eligible agents in the Anywhere Leads Network
Opendoor is now the primary cash-offer solution behind eXp's ExpressOffers platform. Agents will soon be able to request a cash offer on qualified properties directly through an eXp dashboard
Jonathan Pruzan, once thought to be a front-runner for CEO of Morgan Stanley, has been selected to run Pretium, a firm that owns tens of thousands of single-family rental homes
Opinion
Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes
Zillow's Errol Samuelson compared the rise of AI to the invention of the steam engine and encouraged real estate professionals to stay vigilant when it comes to technology
The iBuyer sold fewer homes and brought in less cash than it did during the same period in 2022, but it still managed to land in the black to the tune of $23M, according to Q2 earnings on Thursday
Having unloaded almost all of its older inventory, the iBuyer ramped up home acquisitions by 131%, to 840 homes, in the second quarter of 2023 and expects positive adjusted earnings by year's end
New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders' listings while aiding consumers
A 35-home listing on Zillow has prompted debate over displacement and institutional investment — and pushback over a TikToker's claim that an 'entire neighborhood' was about to hit the market
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel
Pioneering iBuyer hopes to bring share price back above the New York Stock Exchange's $1 minimum threshold by converting every 15 shares of outstanding common stock into 1 share
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt, according to an announcement Thursday
Jeremy Hofmann has played a key role in the super app push so far and also oversaw Zillow's acquisition of ShowingTime, the company said